The S & P 500 “Death Cross” and what it means for mortgage rates

In fact, the Dow declined 77 points, or 0.29%, to 26,077, the S&P 500 fell 0.45% and the Nasdaq slumped 1.1%, TheStreet reported. Still, not all are so convinced the bear is swiping down upon us.

The Nasdaq cross was inevitable given the circumstances, but the S&P 500 cross hit technical market traders hard. The S&P is widely considered an indicator of the broader market and the strength of the U.S. economy. A death cross on the S&P 500 is tantamount to predicting a market recession to some degree.

Dow Fall by 1000 points! Contents Bond price drop Rates. mortgage rate Mortgage reports receives rates based Mortgage rates ‘death Foreign currency. avoid One of those signs is the so-called "Death Cross" of the S & P 500. from Mortgage Rates, Mortgage News and Strategy : The Mortgage Reports https://ift.tt/2zWZyvi. A death cross has materialized in the S&P 500 SPX

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 · S&P 500 Today: Get all information on the S&P 500 index including historical chart, news and constituents.

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S&P Dow Jones Indices is the world’s largest, global resource for index-based concepts, data and research. Home to iconic financial market indicators, such as the S&P 500 and the Dow Jones Industrial Average, S&P Dow Jones Indices has over 120 years of experience constructing innovative and transparent solutions that fulfill the needs of institutional and retail investors.

While most economists agree that mortgage rates are trending higher in the long run, there are some signs that mortgage rates could drop in the short term. One of those signs is the so-called "Death Cross" of the S & P 500. from Mortgage Rates, Mortgage News and Strategy : The Mortgage Reports https://ift.tt/2zWZyvi

‘Death cross’ patterns spread to all corners of the stock market. That follows the death cross that appeared in the S&P MidCap 400 Index. S&P 500 produces first death cross in 4 years.

Fed Rate Hike: What It Means for Mortgage Rates  · A hike in short-term rates means you’ll soon pay more interest on credit card debt if you fail to pay your bill off each month. And if you have a home-equity loan or an adjustable-rate mortgage.

While most economists agree that mortgage rates are trending higher in the long run, there are some signs that mortgage rates could drop in the short term. One of those signs is the so-called "Death Cross" of the S & P 500. from Mortgage Rates, Mortgage News and Strategy : The Mortgage Reports https://ift.tt/2zWZyvi